Should I get land surveyed?

You may be dealing with surveys, environmental assessments, legal access, physical access, deed restrictions, zoning, floodplains, utilities, permits, and that's before you even build anything.

Freddie Mac only has interest rate surveys going back to 1971, but the low of 3.35% in 2012 and 17.48% in 1982 havnt done anything to drive the home ownership rate outside of it's very narrow range.

Development will require engineering, surveying, land planning and other professionals who can walk you through zoning requirements, site plan approval, construction drawing approval, stormwater, utilities, whatever other approvals are necessary for your jurisdiction, etc. etc. etc.  

Consider the following questions:What kinds of preliminary investigation report do you need to begin design: geotechnical report, wetland biologist report, ALTA survey, title report, etc?

Then have a survey performed of the property.You might also speak to your lender as well.Then submit your application to the local town/city.In some cases, you’ll have to file for a planning or zoning variance.

I am about to get a survey plats drawn for both intended lots.

It took 30K (survey, engineers, fees etc) and a year to subdivide (subdivision is done in June 2017).

Montego,The "legal description" clause of a generic real estate purchase and sale agreement normally defines a bunch of metes and bounds surveying jargon that you can get off the preliminary title report, while the "subject property" clause states the property address and includes a cursory description of the land and improvements.

It has been surveyed, and at one point there were markers, but after 3 years of weather, the markers have disappeared.